Domestic urea market prices continue to fall

According to relevant data, on November 2, 2012, the domestic urea market prices continued to fall.

Now domestic urea export tariffs have returned to 110%. With the completion of export orders, urea manufacturers' sales focus has been switched back to the domestic market. Due to the weak domestic market, the market for winter storage has started slowly, and the urea market price has continued to fall, due to export orders. The factory price of manufacturers with high enough prices was significantly reduced.

At present, Shandong, Hebei, Henan urea enterprises factory price 1900-1950 yuan / ton, Shandong, Hebei urea manufacturers low-end transaction price has fallen below 1900 yuan / ton. The urea market in the two lakes market is sluggish, and the ex-factory price of urea manufacturers has been slowly declining. At present, the factory price of urea enterprises in Hubei is around 1950-1980 yuan/ton, and the mainstream factory price of urea enterprises in Hunan is around 2000-2020 yuan/ton. Most enterprises in the northwest region implement the provisional sales policy of the Federal Reserve, and factory prices of urea manufacturers are basically stable.

It is expected that the market for winter storage will remain difficult to start in the short term, and the sales pressure of urea companies will increase. The recent domestic urea market prices will continue to decline.